Today, Minister of Finance, Bill Morneau, announced changes to the benchmark rate used to determine the minimum qualifying rate for insured mortgages, also known as the “stress test.”
Insight Articles
Federal Election Results & Your Mortgage
The 2019 Federal Election is over. Will there be any changes to the guidelines and policies that make housing more affordable for hard-working Canadians?
Liberal vs. Conservative housing plan: which is better?
Ron Lefebvre explains the impacts of the Liberal plan and the Conservative plan for supporting first-time home buyers on today’s radio broadcast of The Ryan Jespersen Show on 630 | CHED.
How Do Improve My Credit Score?
It’s happened to many people and now the deed is done. You’ve missed a few payments, you’ve overdrawn an account or two, you’ve maxed out your credit and are hiding like an ostrich with its head in the sand. Now What? If any of the above situaltions hs ever happened to you then here are […]
Amortization vs. Mortgage Term
Did you ever hear some mortgage lingo and find yourself confused about the meaning? Mortgage Amortization. Mortgage Term. Say What?